NESG: Multiple Exchange Rates in Nigeria Impedes Required Flow of Foreign Investments.
The Nigerian Economic Summit Group (NEGS) has highlighted that the multiple exchange rates in Nigeria continue to erode the much-needed...
Naira Stables at the Investors and Exporters (I&E) Window, Maintains N428.12/$
Friday, August 5, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session with the naira maintaining...
Nigeria Procures $1.5 Billion Loan from the US to Support Solar Power Infrastructure
Nigeria has secured a $1.5 billion loan from the Export-Import Bank of the US for the improvement of solar power...
Naira Rises to N428.12 at the I&E Window as Gross Reserve Increases
Thursday, August 4, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a positive note...
Nigeria Obtains $134 Million Loan from AFDB for Wheat Production
The Federal Government of Nigeria has obtained a $134 million loan from the African Development Bank to boost wheat production....
Naira Climbs up to N429.20 at the Investors and Exporters Window
Wednesday, August 3, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a positive note...
OPEC Raises Nigeria’s Crude Oil Production Quota to 1.83 Million Barrels Per Day
Given the latest oil market fundamentals, the Organization of Petroleum Exporting Countries has raised Nigeria’s crude oil production quota for...
Nigeria Police Eases Tension in Abuja, Deploys Additional Manpower and Operational Asset
In alleviating the panics of residents in Abuja caused by the recent security menace in the area, the Nigeria Police...
Black market speculators suffer heavy losses after naira gains N51/$
Since the start of August, the naira has continued to rise while holding onto its gains amid weak buying pressures...
Naira Drops to N430.67 at the I&E Window Despite 163% Increase in Liquidity
Tuesday, August 2, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a bullish note...
Popular Story
CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks
Dangote Refinery Lifts Petrol Output as Nigeria’s Fuel Imports Drop Sharply
NFEM Turnover Drops 17.7% to $2.25 Billion as CBN Lowers Benchmark Rate to 23%
Federal Government Allots N6.69 Billion in September Savings Bonds
Ways and Means Debt Records First Drop as Moratorium Ends
